SCHELDEWERF RUPELMONDE: what changed
What changed
SCHELDEWERF RUPELMONDE
NACE 33.150, Repair, maintenance and installation of machinery and equipment
filed annual accounts (NBB)
Net result for the year
-€70,370
2024 · €27,204-€97,574
Equity
€1.2m
2024 · €1.2m-€70,370
Cash
€403,667
2024 · €213,386+€190,281
Balance sheet total
€1.9m
2024 · €1.7m+€287,879
Largest movements
Assets
- Tangible fixed assets +€219,997
up €219,997 (+135%), from €162,423 to €382,420
of which Land and buildings: +€153,165
- Cash +€190,281
up €190,281 (+89.2%), from €213,386 to €403,667
mainly Trade debts (+€413,677) and Current investments (+€150,000)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Intangible fixed assets +€38,385
up €38,385 (+1,328%), from €2,891 to €41,276
- Receivables within one year -€35,025
down €35,025 (-3.7%), from €959,404 to €924,379
of which Trade receivables: -€29,787
Equity and liabilities
- Trade debts +€413,677
up €413,677 (+130%), from €317,532 to €731,209
- Reserves -€70,370
down €70,370 (-9.5%), from €741,463 to €671,093
of which Distributable reserves: -€70,370
- Accrued charges and deferred income -€34,000
no longer reported in 2025 (was €34,000)
Income statement
- Turnover -€4.5m
no longer reported in 2025 (was €4.5m)
- Purchases and services -€3.9m
no longer reported in 2025 (was €3.9m)
- Gross operating margin -€111,794
down €111,794 (-17.7%), from €631,176 to €519,382
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€27,204
Gross operating margin
-€111,794
Staff costs
+€15,395
Depreciation
-€5,700
Write-downs
-€573
Other operating charges
-€1,408
Financial income
-€11,485
Financial charges
-€1,479
Taxes
+€19,470
Result 2025
-€70,370
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€387,317
Investment
-€197,036
Financing
€0
Cash 2024
€213,386
From operations (derived)
+€387,317
Net result for the year
-€70,370
Depreciation
+€88,654
Stocks and contracts
-€17,367
Receivables within one year
+€35,025
Deferred charges and accrued income
-€6,874
Trade debts
+€413,677
Tax, wage and social debts
-€15,526
Advances received
-€5,902
Accrued charges and deferred income
-€34,000
Investment (derived)
-€197,036
Investment in fixed assets (net)
-€347,036
Current investments
+€150,000
Cash 2025
€403,667
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,653,628 | €1,941,507 | +€287,879 | +17.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €165,513 | €423,896 | +€258,382 | +156% |
| Intangible fixed assets | 21 | €2,891 | €41,276 | +€38,385 | +1,328% |
| Tangible fixed assets | 22/27 | €162,423 | €382,420 | +€219,997 | +135% |
| Land and buildings | 22 | €0 | €153,165 | +€153,165 | |
| Plant, machinery and equipment | 23 | €161,994 | €176,708 | +€14,714 | +9.1% |
| Furniture and vehicles | 24 | €429 | €0 | -€429 | -100% |
| Assets under construction and advance payments | 27 | - | €52,548 | +€52,548 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,488,114 | €1,517,611 | +€29,497 | +2.0% |
| Stocks and contracts in progress | 3 | €151,038 | €168,405 | +€17,367 | +11.5% |
| Stocks | 30/36 | €151,038 | €168,405 | +€17,367 | +11.5% |
| Amounts receivable within one year | 40/41 | €959,404 | €924,379 | -€35,025 | -3.7% |
| Trade receivables | 40 | €782,982 | €753,195 | -€29,787 | -3.8% |
| Other amounts receivable | 41 | €176,422 | €171,184 | -€5,238 | -3.0% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €213,386 | €403,667 | +€190,281 | +89.2% |
| Deferred charges and accrued income | 490/1 | €14,286 | €21,160 | +€6,874 | +48.1% |
| Total equity and liabilities | 10/49 | €1,653,628 | €1,941,507 | +€287,879 | +17.4% |
| Equity | 10/15 | €1,241,463 | €1,171,093 | -€70,370 | -5.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €741,463 | €671,093 | -€70,370 | -9.5% |
| Non-distributable reserves | 130/1 | €37,073 | €37,073 | = | 0.0% |
| Legal reserve | 130 | €37,073 | €37,073 | = | 0.0% |
| Distributable reserves | 133 | €704,390 | €634,020 | -€70,370 | -10.0% |
| Amounts payable | 17/49 | €412,165 | €770,414 | +€358,249 | +86.9% |
| Amounts payable within one year | 42/48 | €378,165 | €770,414 | +€392,249 | +104% |
| Trade debts | 44 | €317,532 | €731,209 | +€413,677 | +130% |
| Suppliers | 440/4 | €317,532 | €731,209 | +€413,677 | +130% |
| Advances received on contracts in progress | 46 | €8,402 | €2,500 | -€5,902 | -70.2% |
| Taxes, remuneration and social security | 45 | €52,231 | €36,705 | -€15,526 | -29.7% |
| Taxes | 450/3 | €2,754 | - | -€2,754 | |
| Remuneration and social security | 454/9 | €49,477 | €36,705 | -€12,772 | -25.8% |
| Accrued charges and deferred income | 492/3 | €34,000 | - | -€34,000 | |
| Turnover | 70 | €4,467,343 | - | -€4.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,853,802 | - | -€3.9m | |
| Remuneration, social security and pensions | 62 | €509,836 | €494,442 | -€15,395 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,954 | €88,654 | +€5,700 | +6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,709 | -€4,136 | +€573 | +12.2% |
| Other operating charges | 640/8 | €32,081 | €33,489 | +€1,408 | +4.4% |
| Gross operating margin | 9900 | €631,176 | €519,382 | -€111,794 | -17.7% |
| Operating profit (loss) | 9901 | €11,015 | -€93,066 | -€104,081 | |
| Financial income | 75/76B | €33,622 | €22,137 | -€11,485 | -34.2% |
| Recurring financial income | 75 | €33,622 | €22,137 | -€11,485 | -34.2% |
| Financial charges | 65/66B | €287 | €1,766 | +€1,479 | +515% |
| Recurring financial charges | 65 | €287 | €1,766 | +€1,479 | +515% |
| Profit (loss) for the period before taxes | 9903 | €44,350 | -€72,695 | -€117,045 | |
| Income taxes | 67/77 | €17,146 | -€2,325 | -€19,470 | |
| Profit (loss) for the period | 9904 | €27,204 | -€70,370 | -€97,574 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,204 | -€70,370 | -€97,574 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.